Production

ABU DHABI, Abu Dhabi National Energy Company (TAQA) reported positive financial results for the year ended 31st December 2022. TAQA delivered a very strong performance during the year, which was underpinned by the execution of it its growth strategy, i…

ABU DHABI, Abu Dhabi National Insurance Company (ADNIC) has reported its financial results for the full year ended 31st December 2022, announcing a net profit of AED377.9 million.The company reported gross written premiums increased by 20.1% to AED5.13…

DUBAI, Islamic Arab Insurance Company, listed as “SALAMA” on DFM, announced its preliminary results for the 2022 fiscal year.SALAMA posted a net profit of AED 45.27 million in 2022, which was a result of the Company’s strategy to extend its leadership …

SHARJAH, Air Arabia today announced historic financial results for the full year ending 31st December, 2022 (FY’22), almost doubling the profit and passenger numbers of the previous year, as the airline continued with its growth plans, delivering rema…

DUBAI, In the presence of President of the UAE His Highness Sheikh Mohamed bin Zayed Al Nahyan; and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; and Abdel Fattah El-Sisi, Presiden…

The National Bank of Ras Al Khaimah (RAKBANK) has announced its financial results for the year ending December 31st, 2022, and the fourth quarter of 2022. The bank reported a net profit growth of 53.4% YoY for FY’22, reaching a total of AED 1.163 billi…

DUBAI, Emirates Central Cooling Systems Corporation (Empower) announced its financial results for the fiscal year 2022, with a total revenue of AED2.8 billion, and with a remarkable growth of 13.3 percent compared to 2021.The company has recorded a ne…

ABU DHABI, ADNOC Drilling Company today announced its financial results for the fourth quarter and full year ending 31st December 2022. It reported US$802 million net profit for the twelve-month, up 33 percent year-on-year.Full year earnings before EB…